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Mixed-Use Property with Existing Buildings

1322 Memorial Drive, St Johnsbury, VT 05819

For Sale
$1,890,000

Commercial and residential zoning, town water and sewer access, and high-speed internet support a range of property configurations.

Property SizeContact for details
Lot Size3.00 Acres
Days on Market378

Property Features for 1322 Memorial Drive

General Information

Standard status Active
Lot size 3.00 Acres
Property subtype Commercial
Zoning Commercial & Residential

Site & Location

Road Frontage 330 ft
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Land

Topography level
Land Use commercial, residential

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $15,251

Amenities

high speed internet
No
High Speed Intrnt at Site,Cable Internet
Near Shopping,Level,Major Road Frontage,Open,Near Hospital
Metered,Private
3.23
5500
140699
330

Building Details

Tenancy Multi
Listing Agency: Begin Realty Associates
Listed By: Ernest Begin
Source: Lesliedrownrealestate
Added: Oct 25, 2025 Changed: Oct 31 Last Checked: Nov 6 at 8:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Begin Realty Associates

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 3.23-acre mixed-use property includes an office building, a storage building, and two residential rental units, which are occupied by tenants. The land is mostly level and has access to town water and sewer, as well as high-speed internet.

The site has approximately 330 feet of frontage on Route 5 (Memorial Drive), with access to I-91 and I-93 nearby. Shopping and a hospital are also identified in the surrounding area. Zoning is commercial and residential. The owners will consider a long-term lease, with terms subject to negotiation.

Key Highlights

  • 3.23 acres with approximately 330 feet of Route 5 (Memorial Drive) frontage
  • Office building, storage building, and two tenant‑occupied residential rental units
  • Commercial and residential zoning

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Bakery Pharmacy (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby

Demographics for 05819, VT

9,040
Population
4,352
Households
2.1
Avg Household Size
43
Median Age
31%
College-Educated
94%
High-School Grad
88.8 sq mi
ZIP Area
102
Density / Sq Mi
$59,844
Median Household Income
$37,437
Median Earnings
$902
Median Rent
$190,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial and residential zoning, town water and sewer access, and high-speed internet support a range of property configurations.
Where is this mixed-use property located?
The property is located at 1322 Memorial Drive St Johnsbury, VT.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: 3.23 acres with approximately 330 feet of Route 5 (Memorial Drive) frontage; Office building, storage building, and two tenant‑occupied residential rental units; Commercial and residential zoning
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